Market revenue in 2022 | USD 184.7 million |
Market revenue in 2030 | USD 259.0 million |
Growth rate | 4.3% (CAGR from 2022 to 2030) |
Largest segment | Hernia mesh |
Fastest growing segment | Hernia Fixation Devices |
Historical data | 2018 - 2021 |
Base year | 2022 |
Forecast period | 2023 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Hernia Mesh, Hernia Fixation Devices |
Key market players worldwide | Medtronic PLC, Johnson & Johnson, BD, W.L. Gore & Associates, LifeCell International, B. Braun, Baxter International Inc, COOK, Herniamesh, Atrium Health |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to hernia repair devices market will help companies and investors design strategic landscapes.
Hernia mesh was the largest segment with a revenue share of 76.29% in 2022. Horizon Databook has segmented the UK hernia repair devices market based on hernia mesh, hernia fixation devices covering the revenue growth of each sub-segment from 2018 to 2030.
Technological advancements and launch of efficient medical devices & therapies by industry players are among major factors responsible for the market growth. The NHS recommends mesh implants for treatment of hernia.
Increasing number of surgeries is anticipated to augment the market growth. According to Royal College of Surgeons of England, in 2018, around 78,733 inguinal hernia procedures were performed in England in 2017, of which 3,700 patients had serious symptoms.
Growing product approvals by market players in the country are expected to be a major growth contributor. In 2014, Advanced Medical Solutions Group plc received CE approval for LiquiBand Fix 8. It is a cyanoacrylate adhesive hernia mesh fixation device.
Horizon Databook provides a detailed overview of country-level data and insights on the UK hernia repair devices market, including forecasts for subscribers. This country databook contains high-level insights into UK hernia repair devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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